daytrading profits --- how many cents per trade is realistic

how much profit per trade?

  • 1/2 cent

    Votes: 8 7.5%

  • 1 cent

    Votes: 3 2.8%

  • 1 1/2 cents

    Votes: 6 5.7%

  • 2 cents

    Votes: 3 2.8%

  • 3 cents

    Votes: 7 6.6%

  • 4 cents

    Votes: 5 4.7%

  • 5 cents

    Votes: 14 13.2%

  • much more

    Votes: 59 55.7%

  • less that a cent

    Votes: 1 0.9%
  • Total voters
    106
K

kotika

Hi all,

for those who trade large amounts of stock each day:
what is your average profit in cents per trade per share ?

say you trade 10,000 shares a day and gring out a 500$, thats
50,000cents/10,000= 5 cents/share/trade

i am inferring from what Don Bright says that these days one should not expect much more than 1 or 2 cents.

would be nice to have a tally
 
think averaging half a cent on automation is very good. but usually when i'm trading pairs i see 3 cents plus. but then again very hard to be consistent.
 
How many cents does it go against you before you bail out ?

If you scalp for 3 cents, and usually hang on to 1 dollar in the red, then it should take about 30 winning trades to equal one bad trade.
 
Quote from Dustin:

Cents per share does not equal cents per trade. Re-read the first post and do the calculation.
More...



The attitude is not needed.

The thread topic asks per trade.

Forums ›› Technically Speaking ›› Order Execution ›› daytrading profits --- how many cents per trade is realistic


Considering 66 % voted over 5 cents, i doubt i am the only one who misread the question.


For me avaraged out is about 1-3 cents
 
No attitude...just to the point. Many traders don't understand this calculation, so you were one of many who didn't respond correctly to the survey.

Cent per share profit:

=$Profit/#Shares

eg. if you make $1000 on 30,000 shares:

1000/30000=3.3 cps profit

This is much different than asking how many cents you average per trade which does not take into account volume.
 
This poll is useless since the wording of the poll goes against the intent as described by the creator, which is cents per share. The results confirm this.

There should not be many (if any) active daytraders able to achieve > 3 cents avg. If you are active and can achieve >1.5 avg cents per share than you would be a superstar. If 75% of the respondants think that 5 cents or higher is realistic than they are either non-traders or very dumb traders.
 
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